Alset International (SGX:40V) ROCE % : -32.99% (As of Dec. 2023)

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What is Alset International ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Alset International's annualized ROCE % for the quarter that ended in Dec. 2023 was -32.99%.

Alset International ROCE % Historical Data

The historical data trend for Alset International's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Alset International ROCE % Chart

Alset International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-30.98

-24.03

-46.15

-36.32

-5.16

Alset International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-19.53	-22.51	-51.04	22.74	-32.99

Alset International ROCE % Calculation

Alset International's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-4.506	/	( ( (119.809 - 30.295)	+	(96.699 - 11.586) )	/ 2 )
	=	-4.506	/	( (89.514	+	85.113)	/ 2 )
	=	-4.506	/	87.3135
	=	-5.16 %

Alset International's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-30.626	/	( ( (113.612 - 13.068)	+	(96.699 - 11.586) )	/ 2 )
	=	-30.626	/	( ( 100.544	+	85.113 )	/ 2 )
	=	-30.626	/	92.8285
	=	-32.99 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Alset International (SGX:40V) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Alset International ROCE % Related Terms

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Alset International (SGX:40V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alset International Ltd (SGX:40V) » Definitions » ROCE %

Comparable Companies

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N/A

Address

7 Temasek Boulevard, No. 29-01B Suntec Tower One, Singapore, SGP, 038987

Website

https://www.alsetinternational.com

Alset International Ltd is an investment holding company. It operates through four segments including Property Development and investment, Information Technology, Investment Business, Biomedical Business and Food and beverage sales. The company generates maximum revenue from the Property Development and investment segment. Property development and investment segment include actively acting as a developer for property projects, investing in property development projects, and investing in properties to earn rentals.

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